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Eastern Avenue, Ilford, Redbridge

London

£520,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Located just a short stroll from Gants Hill Tube Station, this three-bedroom mid-terrace property presents a valuable opportunity for buyers seeking to capitalize on its spacious layout and great potential for improvement. The two-story residence features generous living areas that can easily accommodate the needs of modern family life. On the ground floor, the through lounge offers a bright and inviting atmosphere perfect for both relaxation and entertainment, while the galley kitchen at the rear provides ample storage and worktop space, with considerable opportunities for upgrades or redesign to fully utilize its functionality. The entrance hall includes practical features such as a porch, radiator, staircase to the upper level, and useful under-stair storage housing gas and electric meters. The first floor showcases three well-sized bedrooms benefitting from good natural lighting, alongside a family bathroom equipped with both bath and shower facilities. Externally, the property is enhanced by off-street parking accommodating two vehicles—an advantageous asset in this desirable area. A detached garage at the back offers further options for storage or workshop space, while the private rear garden serves as an ideal outdoor retreat for dining or leisure activities. This property is strategically positioned close to local amenities, esteemed schools, and efficient transport links, making it perfectly situated for everyday convenience. There is side access to the home via a gated alleyway. The house has been fairly priced to account for needed updates and overall modernization, presenting an excellent chance for buyers interested in adding value over time.

Investment Analysis

(IG2 area)
Area Average
£472/sq ft
Avg Rent (weekly)
£416
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IG2)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -2.5%
5 year growth: -4.5%
Investment Disclaimer: Analysis based on IG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Eastern Avenue, Ilford, Redbridge
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,965
Based on a loan of £390,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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